Panasonic Plans to Construct EV Battery Plant in USA
Panasonic has inked an agreement with the State of Oklahoma that covers the overall eligibility and factors of the incentives under Oklahoma’s LEAD Act.
April 17, 2023. By EI News Network
Panasonic has inked an agreement with the State of Oklahoma that covers the overall eligibility and factors of the incentives under Oklahoma’s LEAD Act.
Panasonic’s decision to Oklahoma is about surpassing sales for electric vehicles, and other EV manufacturers apart from long term consumer which other manufacturer is looking for the prospects to the Japanese amalgamation as a potential battery supplier.
The company is also looking for the construction of a new EV plant in North America after the raised discussion with auto manufacturers.
The company Panasonic Holdings Corporation formerly known as Matsushita Electric Industrial Co., Ltd. between the year 1935 and 2008 and the first conglomerate of Panasonic Corporation between the year 2008 and 2022 is considerably a Japanese multinational company and based in Osaka, Japan.
Oklahoma is a state located in the South Central region of the United States of America.
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